Originally Posted by
SailorRob
As you probably know I've been beating the drum on this for a while, most people didn't seem to understand and wanted dividends...
I was demanding a large share buy back sub $1. Would have been the cleverest use of capital ever achieved by this company and provided share holders with a MASSIVE return.
Now at $1.20 this opportunity is vastly diminished but would still create value far above a dividend.
Go back through the thread and see what some people were saying in response to my buyback suggestion. The level of sophistication and ability to comprehend simple math is astounding.